The thing i'm not looking forward to is SpaceX will now be beholden to Wall Street. With Startship testing being so public, there's a whole cottage industry of youtubers watching their every move, there's going to be lots of ups and downs on the stock price.
SpaceX files to go public
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Re: SpaceX files to go public
#12[stub for offtopicness] [All: please don't post unsubstantive comments to HN. You don't have to like $Company or $Person, but when the banned accounts are posting more thoughtfully than the rest, that's... bad.]
They are going IPO close to Elon's birthday (26th or 29th June) aren't they? Like they did with Tesla.
But as soon as they IPO, that's a signal to head for the exit before it all collapses again.
Re: SpaceX files to go public
#13Earlier quoted context omitted.
[flagged]
The five stages of Elon Musk: 1. Elon is a genius, a real world Tony Stark. 2. How dare you! You're just jealous! 3. Ok, regardless, he's done more to advance EVe and space travel than anyone else alive. 4. Oh God, he's going to cripple US development of EVs and rockets, isn't he? 5. Eh, Mars was never happening in my lifetime anyway.
I've got plenty of downvotes here on HN for critiquing him on Stage 1, herd mentality is relevant for HN community just as well.
Re: SpaceX files to go public
#14[stub for offtopicness] [All: please don't post unsubstantive comments to HN. You don't have to like $Company or $Person, but when the banned accounts are posting more thoughtfully than the rest, that's... bad.]
What's in the SpaceX Files and why aren't they already public?
Sensitive financial information. It is normal for companies to file confidentiality to avoid leaking information early.
Re: SpaceX files to go public
#15You don't have to believe. If you have a 401k you will be an investor 15 days after launch.
The IPO will go great, because the company will float a fairly small issuance. The big shareholders will not immediately sell. They will hold on and maybe even buy to support the price.
Then, after 15 days, it will enter the indexes and everyone's 401k will start auto-buying this stock.
You might say this is an obvious flaw in how the indexes work if they start immediately accept a brand new IPOed stock with limited float. You'd be right, which is why they won't list for a year.
At least they wouldn't until Elon got them to change their rules: https://www.bloomberg.com/news/articles/2026-03-30/nasdaq-cl...
Re: SpaceX files to go public
#16Rabble rabble... debt... rabble rabble... xAI burning revenue...
> In the United States, SpaceX accounts for five of every six launches into space, according to Georgetown University’s Center for Security and Emerging Technology.
That's why.
Re: SpaceX files to go public
#17[stub for offtopicness] [All: please don't post unsubstantive comments to HN. You don't have to like $Company or $Person, but when the banned accounts are posting more thoughtfully than the rest, that's... bad.]
On one hand I do take some enjoyment of suckers being fleeced. But on other hand I know who this all will benefit so I really can't do that. As whole I find that valuation just insane, but seemingly if you only offer tiny enough slice with enough hype it might bump prices to something that really make no sense at all...
The suckers being fleeced are every pension fund in the world. They're demanding the S&P includes them faster to force ETF owners to buy in before the price tanks.
Re: SpaceX files to go public
#18Earlier quoted context omitted.
The five stages of Elon Musk: 1. Elon is a genius, a real world Tony Stark. 2. How dare you! You're just jealous! 3. Ok, regardless, he's done more to advance EVe and space travel than anyone else alive. 4. Oh God, he's going to cripple US development of EVs and rockets, isn't he? 5. Eh, Mars was never happening in my lifetime anyway.
I've got plenty of downvotes here on HN for critiquing him on Stage 1, herd mentality is relevant for HN community just as well.
If you're not getting downvoted at least some of the time on HN you're doing something wrong. I've caught plenty of downvotes myself for arguing that Mars was never going to happen and is just a recruiting tactic for SpaceX to hire idealistic young engineers and pay them sub-market wages because the dream of Mars is part of their compensation.
All the hardware they've actually invested in, including Starship, is in fact foremost for launching satellites into Earth orbit. Starship in particular is optimized for this.
Re: SpaceX files to go public
#19You don't have to believe. If you have a 401k you will be an investor 15 days after launch. The IPO will go great, because the company will float a fairly small issuance. The big shareholders will not immediately sell. They will hold on and maybe even buy to support the price. Then, after 15 days, it will enter the indexes and everyone's 401k will start auto-buying this stock. You might say this is an obvious flaw in…
> If you have a 401k you will be an investor 15 days after launch
You will be an investor in spacex and xai which it bought.
Fun fact, Xai net loss 6 billion dollars per year and SpaceX net profit 8 billion on a good year (https://www.reuters.com/technology/musks-xai-posts-net-quart... https://www.globalbankingandfinance.com/spacex-registers-tak...)
If you remember xai, it's that company currently being sued for the undressing kids feature (https://www.theverge.com/ai-artificial-intelligence/895639/x... https://en.wikipedia.org/wiki/Grok_sexual_deepfake_scandal) in its flagship product. By the way the feature is still enabled apparently
Is there something about why spacex wants to go public ? if not then this is definitely about xai... to hide unprofitability and offload it on general public ASAP.
Re: SpaceX files to go public
#20Earlier quoted context omitted.
What's in the SpaceX Files and why aren't they already public?
Sensitive financial information. It is normal for companies to file confidentiality to avoid leaking information early.
Parent commenter is making a joke about the fact that, in the title "SpaceX Files to Go Public", the word "Files" could be read as either a noun or a verb.